Social Contribution

  • Social Responsibility
  • Marine Rescue
  • Public Welfare
  • Employee Volunteers

The Company follows the principle of helping vulnerable groups, acts to give back to the society, participates in community building activities, strives to share its resources with society and contributes to the society with its own development.

In 2017, the Company recorded oil and gas sales revenue of RMB151.9 billion with a net profit of RMB24.7 billion. Facing the uncertainty of international oil price trends, the Company has always regarded improving quality and efficiency as the key to responding to the industry cycle. In 2017, the all-in cost was USD32.54 per BOE, which decreased by 6.2% year-on-year.

In 2017, the Company's tax payments (including income tax, value-added tax, mineral fee, resource tax and etc.) reached RMB37.249 billion; creating more than 19,000 jobs worldwide, supporting local economy and social development.

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